| Sandridge Jumps After Icahn Takes Stake, to Oppose Bonanza Deal | |
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Sandridge Energy Inc. rose as much as 5.7 percent after market on news that Carl Icahn has taken a stake in the oil and gas producer. Earlier this month, Sandridge agreed to buy rival Bonanza Creek in a deal valued at $746 million. Icahn opposes the deal, as do Susquehanna Advisors Group, Fir Tree Partners and Cannell Capital. Fir Tree had said the agreement would siphon off too much of Oklahoma City-based Sandridge’s cash. Dow Jones reported the stake earlier. More from Bloomberg.com Read Sandridge Jumps After Icahn Takes Stake, to Oppose Bonanza Deal on bloomberg.com |
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SandRidge Energy
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CODE : SD |
ISIN : US80007P3073 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
SandRidge is a exploration company based in United states of america. SandRidge is listed in United States of America. Its market capitalisation is US$ 524.1 millions as of today (€ 489.7 millions). Its stock quote reached its lowest recent point on January 06, 2016 at US$ 0.15, and its highest recent level on April 25, 2024 at US$ 14.62. SandRidge has 35 850 000 shares outstanding. |